Live Q&A Record 2024/12/1:

First, some friends asked, seeing your analysis FET has indeed skyrocketed, but I just started following you, can I still buy it?

Answer: The current FET price is close to 2U, which is a bit high. The short-term support is at 1.622U, and a stronger support is around 1.4U. I don't want to say the extreme support, but if it really wants to continue rising, the daily closing price should not be below 1.4U. If it goes below 1.4U, it may lose its momentum. Strong resistance is around 2.6U. WLD and FET share the same nature, so there’s no need to hold both at the same time.

Second, SOL's highest price exceeded the previous peak from over 3 years ago, but it did not continue to break through to a new high. I see that if the weekly closes with a bearish candle, we might need to be cautious. I just want to make a swing trade, but its movement is too sluggish and the volatility is too small. The first support at 200–210 still hasn’t given an opportunity. It’s clear that the current market funds are pulling up the Ethereum series and AI sector.

Third, ORDi has also started, previously I was always fooled by it and made a 30% profit but didn’t exit because our swing sell target was 49U. It rose to 47.6 and then turned back. Currently, the bull market is in a sector rotation.

Fourth, Bitcoin is always the big brother, but the volatility might be a bit lower over the weekend. Currently, Ethereum long positions should continue to strictly follow the strategy. #BTC #ETH #直播记录